Self-reliance gains: Vocal for local push trims import bills for top firms

India's self-reliance push is yielding results as companies in automobiles, electronics, and FMCG sectors significantly reduce import dependence. Supported by PLI schemes and import restrictions, firms like Maruti Suzuki and Dixon Technologies have notably decreased foreign exchange outflows.

Self-reliance gains: Vocal for local push trims import bills for top firms
India's self-reliance push is yielding results as companies in automobiles, electronics, and FMCG sectors significantly reduce import dependence. Supported by PLI schemes and import restrictions, firms like Maruti Suzuki and Dixon Technologies have notably decreased foreign exchange outflows.